[Costs of Saudi Arabia's Neom green hydrogen mega-project soar by $3.5 billion] Budgets for the Neom green hydrogen mega-project, which will tap vast green energy capacity, have soared 70% to $8.5 billion, according to a financial update from co-developer Air Products. Inflation, spare parts, land upfront costs and interest on a $1 billion loan all contributed to the $3.5 billion budget increase the company is developing in the deserts of northwestern Saudi Arabia with partner ACWA Power, a Saudi renewable energy development Merchant and Neom. Editor/Xing Wentao

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• 2026.03.17 09:28
• [Promote two major cross sea projects during the 15th Five Year Plan period]
• The disclosure of the National 15th Five Year Plan in 2026 marks a breakthrough for the two major projects, the Shanghai Ningbo Cross Sea Corridor and the Zhanhai High speed Railway. The Shanghai Ningbo Expressway will achieve direct connection between Shanghai and Ningbo, the Zhanhai high-speed railway will adopt a ferry scheme, and the eight vertical and eight horizontal high-speed railway network will soon be closed.Editor/Gao Xue

• 2026.03.17 09:23
• [Eight provinces begin construction of the Century Canal]
• In 2026, the super canal projects in 8 provinces including Pinglu Canal in Guangxi will be fully launched, with a total investment of over 850 billion yuan. The project covers the construction of high-grade waterways and large-scale ship locks, and will connect the two branches of inland waterway transportation, bringing a 30-year golden development period for civil engineering and water conservancy personnel.Editor/Gao Xue